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1f Partial Release, CLBP 7th CITY OF CHANHASSEN 7700 Markel POB'xI47 S5W Administration 952.227 : 100 fax 952227"11iJ Engineering 952.227 1160 Fax 952 227 11 Finance 1140 Fax 952.22 i 1110 Park & Recreation 1120 Fax 952227 liD 2310 BDI/evarll PI1l1ile 952 227.14DO ~ì52 227 1404 Planning & Natural Resources 952 1130 S152.227.111C Public Works 1591 952.2271300 9522271310 Senior Center P~lcmc' 952.227.1125 952 llliJ Web Site The City of Chanhassen · 1~- fJ MEMORANDUM TO: Paul Oehme, City Engineer/Director of Public Work~ (). Matt Saam, Assistant City Engineer ~\tJ . '."/.: l. ,<- '. I~J FROM: DATE: November 15, 2004 SUBJ: Approve Partial Release - Chanhassen Lakes Business Park ih Addition - Project 99-19 (Simple Majority Vote) Diane Peterson of Midland Title, representing the propel1y owner of Lot 5, Block 1 of the above-referenced project, has requested that the City grant a paI1ial release from the development contract for Lot 5. The development contract allows for the issuance of such releases when all improvements related to the lot are complete. Staff has reviewed the files and finds the improvements for Lot 5, Block 1 are complete and in compliance with the development contract. It is therefore recommended that the City Council approve the attached partial release. Attachment: Partial Release c: Diane Peterson, Midland Title, LLC g:\ellg\projcets\clbp 71h\l5 release memo doc PARTIAL RELEASE PARTIAL RELEASE OF DEVELOPMENT CONTRACT granted this 22nd day of November, 2004, by the CITY OF CHANHASSEN, a Minnesota municipal corporation ("City"). WHEREAS, the City and TRADEN, LLC ("Developer") have previously entered into a Development Contract dated June 14, 1999 for the plat of CHANHASSEN LAKES BUSINESS PARK 7TH ADDITION, recorded June 28, 1999, as Document No. T09290 with the Carver County Recorder; and WHEREAS, the City has been requested to grant a release for Lot 5, Block 1 of Chanhassen Lakes Business Park ih Addition; and WHEREAS, the Development Contract authorizes the City to release lots from the Development Contract. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CHANHASSEN CITY COUNCIL: 1. With the exception of levied and pending special assessments, if any, Lot 5, Block 1 of Chanhassen Lakes Business Park ih Addition is released hom the financial obligations assumed by the Developer in conjunction with the development of public improvements in the plat. 2. This release does not waive any fees which are required to be paid at the time a building permit is requested. 3. Except as specifically provided herein, the Development Contract shall remain in full force and effect. -1- CITY OF CHANHASSEN BY: Thomas A. Furlong, Mayor (SEAL) BY: Todd Gerhardt, City Manager STATE OF MINNESOTA ) (ss. COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this day of 2004, by Thomas A. Furlong, Mayor, and by Todd Gerhardt, City Manager of the City of Chanhassen, a Minnesota municipal corporation, on behalf of the corporation and pursuant to authority granted by its City Council. Notary Public DRAFTED BY: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, MN 55317 (952) 227-1100 -2-